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Renewable Projects Quarterly Report (Q4 2023)



Posted on 28 March, 2024


2023 was a record-breaking year for storage in terms of MWs added (3,949), MWhs added (9,095), and capital investment ($4.9B). It was also a record-breaking quarter for storage in these same metrics, breaking all the records which had been set in Q2. However, 2023 was the lowest level of large-scale renewable energy generation capacity reaching financial commitment at 1.3GW.